Decision intertia
Posted in entrepreneurship by Steve Sammartino on October 8, 2009
I was having an interesting discussion with a colleague Cris Pearson (founder of Skitch & Comic Life) about pricing models on the web – as soon I’ll be changing the rentoid model.
I asked his some advice and his response was so simple it is till ringing in my ears.He said;
The more choices you give consumers, the less likely they are to do any anything.

He then went on to say ‘choose a price’ not multiple options, to avoid decision inertia. The question for startups is – what complexity barriers have we created which stop our people from buying from us?
Tagged with: Barriers to entry, barriers to purchase, business model, business strategy, Consumer Insight, cross roads, decisions, entrepreneurs, entrepreneurship, friction, Internet marketing, marketing, Marketing Insight, options, price strategy, pricing, pricing model, Selling, simplicity, Single Minded Proposition, startups, tactics, web marketing

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